These Are The Smart Ways to Spend Your Bonus This Year
You work hard every day, and when that year-end bonus rolls around, it’s tempting to let loose and spend it all in one place on a vacation or a new car or some new toys. However, the wiser thing to do might be to shell out those dollars for something that brings you a substantial return on your investment over time. Start with your home, for example. Consider upgrades to your house as a way to make your bonus keep paying dividends year after year through lower utility bills, reduced maintenance costs, and better resale value when it’s time to move on.
1Reduce Your Utility Bill by Using a Smart Thermostat
Throw a few of those bonus dollars toward a new smart thermostat for your home. These WiFi-enabled devices let you program your HVAC unit to run on a schedule you set rather than being a slave to the temperatures. During the hours of the day when no one is home or while you’re traveling, you can give your heating and cooling equipment a break, saving money on utility bills and wear and tear on the components. As an added feature, most smart units can be controlled with your smartphone so you can adjust on the fly as needed, even from a distance.
2Invest in Your Health by Improving Indoor Air Quality
If you or someone in your home suffers from allergies, asthma, or another condition that is aggravated by impurities in the air, part of that hard-earned money should go toward a whole-home dehumidifier. Biological contaminants in the air proliferate in warm, moist environments. Controlling the humidity in your home can considerably improve the indoor air quality, and that’s a health benefit for everyone, even if you don’t have any medical conditions. A whole-home dehumidifier draws the water out of the air to improve the air quality and the comfort level of your living space.
3Prepare for the Coming Year by Scheduling Your Annual HVAC Maintenance
If your HVAC unit isn’t properly maintained, you may find yourself using next year’s bonus on a new unit. Since that probably won’t leave much to have fun with, it’s smart to keep your current system running strong. You should have cleaning, inspection, and calibration service performed by a qualified professional at least twice each year. You’ll see improved efficiency and get more life out of the components of your heating and cooling system. The biggest benefit to regular maintenance, though, is heading off small problems before they become big repairs.
Daydreaming about all the ways you can burn through your year-end bonus is fun, no doubt about it. However, smart consumers know that if you spend wisely, you can make purchases that stretch those dollars as far as they’ll go. Investing in your home is an intelligent move, and some projects aren’t very expensive so even a small bonus can go a long way to improving things. Do your homework, and identify the best options for you.